Arevon Energy, Inc., a leading American energy developer, owner, and operator, proudly announces the commercial launch of its Peregrine Energy Storage Project in San Diego, California. This 200 MW / 400 MWh battery storage facility, located in the Barrio Logan community, is Arevon’s fifth utility-scale energy storage project operating in California.
“The successful completion of Peregrine Energy Storage is a result of the collaborative efforts of the project’s stakeholders and the local community who collectively support California’s renewable energy goals,” said Kevin Smith, Chief Executive Officer at Arevon. “Peregrine signifies Arevon’s ongoing commitment to energy storage, and its importance in ensuring a reliable, stable energy system, as well as to advancing domestically made energy in the state and throughout the country.”
Developed, owned, and operated by Arevon at a cost of $300 million, the Peregrine project employed over 90 full-time equivalent workers during peak construction. It is expected to generate more than $28 million in long-term property tax revenue over its lifespan. The facility uses state-of-the-art lithium iron phosphate batteries, recognized for their superior operational safety. Since 2021, Arevon has operated all its energy storage sites without any thermal or recordable safety incidents, reflecting the company’s commitment to community safety.
